May Retail Sales Dip Amid Tariff Fears
U S retail sales fell 0.9 percent in May after a 0.1 percent April decline in a tariff influenced first half. Auto and electronics shows led declines while online and clothing sales rose. Inflation cools and unemployment remains low, sparking cautious but steady spending. Picnic Time, Inc. CEO Paul Cesaro cites tariff impacts with orders down and prices raised.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
Commerce Department
Trump
Ellen Zentner
Morgan Stanley Wealth Management
Paul Cesaro
Picnic Time, Inc
Target
Williams-Sonoma
Moorpark
Calif
Cosaro
G7 leaders press Ukraine amid summit salvage attempt
At Kananaskis the six remaining leaders plus Zelenskyy and NATO chief discuss Russia’s war and Ukraine support. They pledge to curb non market policies and manage AI impacts while no joint Ukraine statement is issued. Zelenskyy urges pressure and imminent ceasefire talks.
MENTIONED IN THIS ARTICLE
Kananaskis
Alberta
Russia
Ukraine
U.S
Donald Trump
Mark Carney
U.K
France
Germany
Italy
Japan
Volodymyr Zelenskyy
NATO
Mark Rutte
Carney
Zelenskyy
Trump
Rocky Mountain
Canada
Keir Starmer
Zelen
Middle East
Gaza
Trump reverses raid pause targeting farms and hotels
Trump orders resume of workplace raids on farms, meatpackers, and hotels after a brief pause, reflecting sharp policy divisions within his administration and pressure from big business and immigration hard-liners. Protests erupted in Los Angeles and other cities as officials weigh the impact on industries vital to the economy.
MENTIONED IN THIS ARTICLE
Donald Trump
Trump
Department of Homeland Security
ICE
DHS
Tricia McLaughlin
Immigration and Customs Enforcement
U.S
Brooke Rollins
White House
Stephen Miller
Miller
Los Angeles
Karen Bass
Poll shows opposition to proposed Republican budget plan
A Washington Post Ipsos poll this month finds a plurality oppose the Trump administration tax and spending plan known as One Big Beautiful Bill Act. Overall 42 percent oppose, 23 percent support, and 34 percent have no opinion. Republicans split 49 percent support, Democrats largely oppose, independents lean oppose, with about two thirds saying they have heard little or nothing about the bill.
MENTIONED IN THIS ARTICLE
Senate
Donald Trump
Washington Post-Ipsos
House
Threats to lawmakers rise after Minnesota shooting
Senators were briefed on escalating threats to members of Congress following the Minnesota attack. Capitol Police officials cited a surge in threatening statements against federal lawmakers, with 9,474 such actions logged last year, the highest since 2021. The shooting amplified security concerns and funding debates as GOP and Dem leaders call for proportional protection.
MENTIONED IN THIS ARTICLE
Washington
Congress
Minnesota
U.S. Capitol
Senate
Chuck Schumer
Melissa Hartman
Mark
Minneapolis
GOP
Texas
John Cornyn
Trump
Joe Biden
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Sara Schulte-Bukowinski
Omaha
Neb
Glenn Valley Foods
South
Associated Press
U.S. Immigration and Customs Enforcement
Omaha World-Herald
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